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Snack Manufacturing Business Seeking Loan in Solapur, India

Manufacturer of Namkin's seeking funds to work on bulk orders.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 19.6 thousand
Run Rate Sales USD 20.4 thousand
EBITDA Margin 20 %
Industries Snack Manufacturing
Locations  Solapur
Local Time 6:08 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 10.6 thousand for 12.0% annual interest, 5 years (Native Currency: INR 1,000,000)
Reason: To purchase machines and equipment.
Collateral Available: USD 5.3 thousand
Includes physical assets worth USD 5.3 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Food Licence
Shop Act Licence
Business Overview
- Snack manufacturing business based in Solapur, specializing in namkins under our own brand name.
- Our products are loved by many, and we're currently supplying to over 20 clients, including wholesalers, distributors, and retail stores.
- There's a growing demand for our namkins in the area, and we want to expand beyond just Solapur.
- We're looking for funding to invest in new machinery and raw materials to boost our production capacity.
- With the right support, we aim to take on bulk orders, which would significantly increase our sales and profitability.
- Has Shop Act Licence and Food License.
Products & Services Overview
We manufacture different types of namkins under our own brand name and supply to wholesalers, distributors and retail stores.
Assets Overview
Raw materials, machinery, equipment, tools, and furniture.
Facilities Overview
Ground floor space with 1,500 sq ft area on rent. Need to change to 2,500 sq ft area soon for expansion.
Capitalization Overview
Started with own funds and there are no outstanding. Single owner business.
Recent Activity
  • Earlier than 15 days
    Independent Advisors, New Delhi, Financial Consultant connected with the Business
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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